Common use of Extension Date Clause in Contracts

Extension Date. (a) The Original Facility B Termination Date shall be extended if and when Lenders whose Facility B Commitments amount in aggregate to more than 50 per cent. of the Total Facility B Commitments have agreed to it by giving a Notice of Extension and, provided that the Borrower has not withdrawn its Extension Request on or before the date falling 10 days prior to the Original Facility B Termination Date, the Original Facility B Termination Date shall then be extended to the day which is 364 days from (and including) the Original Facility B Termination Date. (b) If less than all the Lenders give a Notice of Extension, then the Facility B Commitments shall be reduced to zero and the share of any outstanding Loans of the Lenders which have not agreed to the extension shall be fully repaid on the Original Facility B Termination Date (and those Lenders shall cease from that date to be Lenders in respect of Facility B under this Agreement) and the amount of Facility B shall be reduced accordingly.

Extension Date. (a) 14.6.1 The Original Facility B Termination Date shall be extended if and when either: (a) all the Lenders whose Facility B Commitments amount in aggregate to more than 50 per cent. of the Total Facility B Commitments have agreed to it by giving a Notice of Extension; or (b) one or more Lenders have agreed by giving a Notice of Extension and, and not withdrawing that Notice of Extension within the 5 day period referred to in sub-clause 14.5.2 of Clause 14.5 (Revocation of Extension); and provided that the Borrower Parent Company has not withdrawn its Extension Request on or before by the date falling 10 days prior to the Original Facility B Termination Datetime specified in sub-clause 14.5.3 of Clause 14.5 (Revocation of Extension), the Original Facility B Termination Date shall then be extended to the day which is 364 days from (and including) the Original Facility B Termination DateDate and the Facility B Availability Period and the Facility B Termination Date shall be modified accordingly. (b) 14.6.2 If less than all the Lenders give a Notice of Extension (which is not withdrawn pursuant to Clause 14.5 (Revocation of Extension)), then the Facility B Commitments shall be reduced to zero and the share of any outstanding Loans of the Lenders which have not agreed to the extension shall be fully repaid reduced to zero on the Original Facility B Termination Date (and those Lenders shall cease from that date to be Lenders in respect of under Facility B under this AgreementB) and the amount of Facility B shall be reduced accordingly.